GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Distell Group Holdings Ltd (JSE:DGH) » Definitions » Cyclically Adjusted PB Ratio

Distell Group Holdings (JSE:DGH) Cyclically Adjusted PB Ratio : 2.92 (As of Sep. 22, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Distell Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Distell Group Holdings's current share price is R180.50. Distell Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 was R61.86. Distell Group Holdings's Cyclically Adjusted PB Ratio for today is 2.92.

The historical rank and industry rank for Distell Group Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

JSE:DGH's Cyclically Adjusted PB Ratio is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 1.79
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Distell Group Holdings's adjusted book value per share data of for the fiscal year that ended in Jun22 was R71.200. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R61.86 for the trailing ten years ended in Jun22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Distell Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Distell Group Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Distell Group Holdings Cyclically Adjusted PB Ratio Chart

Distell Group Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.62 1.48 3.00 2.77

Distell Group Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.00 - 2.77 -

Competitive Comparison of Distell Group Holdings's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Distell Group Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Distell Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Distell Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Distell Group Holdings's Cyclically Adjusted PB Ratio falls into.



Distell Group Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Distell Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=180.50/61.86
=2.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Distell Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Distell Group Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun22 was:

Adj_Book=Book Value per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=71.2/140.8349*140.8349
=71.200

Current CPI (Jun22) = 140.8349.

Distell Group Holdings Annual Data

Book Value per Share CPI Adj_Book
201306 35.691 89.708 56.032
201406 39.229 95.813 57.663
201506 43.586 100.173 61.279
201606 48.616 106.713 64.161
201706 48.053 112.054 60.395
201806 52.964 116.959 63.776
201906 52.706 122.191 60.748
202006 52.728 124.807 59.499
202106 59.479 131.113 63.889
202206 71.200 140.835 71.200

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Distell Group Holdings  (JSE:DGH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Distell Group Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Distell Group Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Distell Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Aan-de-Wagenweg, Stellenbosch, WC, ZAF, 7600
Distell Group Holdings Ltd makes and distributes wine, spirits, ciders, and ready-to-drink beverages under dozens of brand names. Its top brands include Amarula, 4th Street, Hunter's Klipdrift, Nederburg, Richelieu, Savanna, Viceroy, and J.C. Le Roux. Nearly three-fourths of the company's sales are generated in South Africa. Its remaining sales are split roughly evenly between the rest of Africa and all other continents. Distell produces most of its products in South Africa and has additional production facilities in France, Scotland, and Ghana.

Distell Group Holdings Headlines

No Headlines